Virginia Beach Housing Market Trends February 2025
Virginia Beach Housing Market Trends 2025: Is Now the Right Time to Sell?
Thinking about selling your home in Virginia Beach? 2025 is shaping up to be a strong market for sellers, but understanding the latest trends is key to maximizing your home’s value.
Let’s dive into current market stats, neighborhood insights, and expert predictions so you can make the best decision for your home sale.
📊 Current Market Snapshot
Virginia Beach’s housing market remains competitive, with strong buyer demand and rising home prices.
🔹 Median Home Price: $410,100 (up 4.8% YoY)
🔹 Average Days on Market (DOM): 35 days (homes are selling fast!)
🔹 Active Listings: 23% increase in inventory (more homes for sale, but demand remains high)
🔹 Price Per Square Foot: $200/sq ft (a 5% increase YoY)
📈 What does this mean for you?
Buyers are eager to secure homes before mortgage rates shift again. If you're thinking about selling, now is the time to strategize for top dollar.
📉 Price & Market Trends Over Time
Want to see how the Virginia Beach market has changed? Here’s a breakdown of home price trends, active listings, and sales performance over the last 24 months.
Home Price Trends: 2023-2025
What’s happening with home prices in Virginia Beach? 📊 They’re on the rise! Here’s how they’ve changed over the past two years:
🔹 Jan 2023 – $370,000 🏡
🔹 Dec 2023 – $385,000 (+4% YoY) 📈
🔹 Jan 2024 – $370,000 (-0.61% YoY) 🔄
🔹 Dec 2024 – $410,000 (+6.5% YoY) 🚀
🔹 Jan 2025 – $402,391 (+4.2% YoY) 💰
💡 What does this mean for sellers?
🏆 Home values are continuing to appreciate, and Virginia Beach remains a hot market for sellers looking to maximize their return. If you’re considering listing, now is the time to plan for top dollar.
Active Listings: More Homes Hitting the Market
While buyer demand is strong, inventory has been increasing—which means more competition for sellers.
Homes for Sale Over Time:
🔹 Dec 2023 – 1,200 active listings
🔹 Dec 2024 – 1,265 homes for sale 📊
🔹 Jan 2025 – 1,273 homes listed (+151 new listings) 🏡
💡 What does this mean for sellers?
✅ More listings mean buyers have options—but well-marketed homes sell faster and for more money. Pricing your home correctly and showcasing it with strategic marketing is KEY.
Homes Are Selling FAST: Days on Market Breakdown
Sellers, take note—homes in Virginia Beach are still selling quickly!
How long does it take to sell?
🔹 Dec 2023 – 40 days on market
🔹 Jan 2024 – 31 days on market
🔹 Dec 2024 – 29 days to pending
🔹 Jan 2025 – 35 days on market
💡 What does this mean for you?
🏆 If you’re selling, expect serious buyers and quick offers—especially if your home is priced competitively and professionally marketed.
Sales Performance: How Many Homes Are Selling?
With rising home values and high buyer demand, homes are selling consistently across Virginia Beach.
📅 Total Homes Sold:
🔹 Jan 2024 – 330 homes sold (+4.1% YoY) 🔄
🔹 Jan 2025 – 1,211 homes sold (vs. 890 last year) 🚀
💡 What does this mean for sellers?
🏡 The demand is there! If your home is move-in ready, priced right, and marketed well, it WILL SELL quickly and for a great price.
💡 Key Takeaway: Home prices are rising steadily, and buyer demand remains strong—meaning sellers have the upper hand when pricing and negotiating their homes.
🗝Virginia Beach Neighborhood Market Insights
Each area in Virginia Beach has unique real estate trends. Here’s an overview of market activity in different parts of the city:
📍 Great Neck
💰 Median Price: $500,000
✔ Stable home values & strong long-term investment potential
✔ Strong demand due to well-established amenities and community features.
📍 Oceanfront
💰 Luxury home prices up 6%
✔ Vacation rental market is thriving
✔ High-end buyers are actively searching for properties
📍 Kempsville
💰 Median Price: $350,000
✔ ✔ Affordable with a mix of residential options that appeal to a wide range of buyers.
✔ Inventory is rising, creating more buyer competition
📍 Chic’s Beach
💰 Waterfront property demand up 7%
✔ Seasonal fluctuations impact pricing strategies
✔ Limited inventory means competitively priced homes tend to attract strong buyer interest.
📍 Shadowlawn
💰 New construction vs. resale price gap: 10% premium on new builds
✔ Buyers are seeking move-in-ready homes
✔ Competition between new and existing homes is growing
🏡 Wondering what your home is worth in today’s market? 📩 Get a Free Home Value Report
🗝 What’s Next for Virginia Beach Real Estate?
Market experts predict…
✔ Home Prices: Steady growth throughout 2025, fueled by demand and limited supply.
✔ Interest Rates: Expected to stabilize—increasing affordability for buyers.
✔ Inventory: Gradual increase as more homeowners list, but demand is keeping competition high.
✔ Best Time to Sell? Spring & summer will remain peak seasons for selling FAST and for TOP dollar.
📢 Expert Insight from NAR Economist Lawrence Yun:
"Virginia Beach is expected to see steady home price growth, with inventory remaining tight. Sellers who price their homes competitively will benefit most."
Key Takeaways for Virginia Beach Home Sellers in 2025:
✔ Home Prices Are Rising – Up 4.2% YoY 📈
✔ Homes Are Selling Fast – Avg. 35 days on market ⏳
✔ More Homes Are Listing – Competition is increasing! 🏡
✔ Buyers Are Still ACTIVE – Sales up from last year 🚀
Selling a home in 2025? Now’s the time to get ahead of the competition! 📩 Let’s connect and strategize your home sale.
💰 Ready to Sell? Find Out Your Home’s Value Instantly!
The Virginia Beach real estate market is hot, and buyers are waiting.
📍 Get a Free Home Value Report in minutes!
📩 Enter your address & email to receive a personalized market analysis:
🔹 Your home’s estimated market value
🔹 Recent neighborhood sales & competition
🔹 Expert recommendations on pricing & timing
Why List Your Home with Jennifer Dawn?
🔑 Proven Virginia Beach Listing Expert with a track record of successful sales
🎥 Advanced Digital & Video Marketing to maximize exposure to a broad audience
🛠 Full-Service Seller Strategy – from pricing to negotiation & closing
Selling a home is a big decision—let’s make sure you maximize your value and sell with confidence.
📩 Schedule a Free Seller Consultation
🏡 Questions? Let's Talk!
I’d love to chat about your home’s potential in this market.
📞 Call/Text: 757-524-0417
📩 Email: Jennifer.Dawn@rwtowne.com
🌐 Visit: JenniferDawnRealEstate.com/Seller-Resources
Let’s make 2025 your best real estate move yet! 🚀💰
✔ Virginia Beach real estate market trends 2025
✔ Virginia Beach home prices 2025
✔ Is now a good time to sell in Virginia Beach?
✔ How much is my Virginia Beach home worth?
✔ Best neighborhoods to sell a home in Virginia Beach
Sources Cited for Blog Content
The data and insights provided in this blog post are sourced from reputable real estate organizations and market research reports, including:
National Association of REALTORS® (NAR) – www.nar.realtor
Virginia REALTORS® (VAR) – www.virginiarealtors.org
REIN MLS (Real Estate Information Network, Inc.) – www.reinmls.com (for local listing and sales trends)
Altos Research – www.altosresearch.com (for real-time market analytics)
Zillow Home Values Report – www.zillow.com
Redfin Market Trends – www.redfin.com
Realtor.com Virginia Beach Market Overview – www.realtor.com
Movoto Real Estate Trends – www.movoto.com
Lawrence Yun, Chief Economist, NAR – Market analysis and forecasting reports
The information provided in this blog is for informational purposes only and is based on publicly available data from reputable real estate sources as of February 2025. Market conditions are subject to change, and individual real estate transactions may vary. For a personalized home valuation and professional advice tailored to your situation, please consult a licensed real estate professional.
Jennifer Dawn Real Estate is committed to Fair Housing principles and adheres to the Fair Housing Act and REALTOR® Code of Ethics. We do not discriminate based on race, color, religion, sex, disability, familial status, or national origin. All housing opportunities are provided in compliance with federal, state, and local fair housing laws. For more information, visit the National Association of REALTORS® Fair Housing Resource Center.